Waterfront
Address
880 Buttonwood Drive # A-E, Fort Myers Beach, FL
Price
$ 1,900,000
Property Attributes
- MLS#224024733
- TypeMulti-Family
- CountyLEE
- CityFort Myers Beach
- AreaFB06 - San Carlos Island
- NeighborhoodSan Carlos On The Gulf
- Zip33931
- StyleTwo Story
- Year Built1975
- Taxes$ 5211
- Price$ 1,900,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage10000
- Lot Size9,801 SqFt
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
Motivated seller wants an offer. This property is zoned for multifamily development with a maximum of 10 units. The existing structure consists of two 2-bedroom, 1-bathroom units measuring 1225 square feet each, two 1-bedroom, 1-bathroom units measuring 850 square feet each, and one efficiency unit. Additionally, the building includes a laundry facility. The units have been mostly stripped and require finishing touches. Despite this, the building remains sturdy and features a newer roof, making it suitable for restoration or a different purpose. Considering its zoning designation for multifamily use and the surrounding properties, this property presents an excellent opportunity to serve as the anchoring point for your new condo, hotel, or apartment project. As there are neighboring properties that can be acquired along with this one, you have the potential to secure additional space for parking and any other land needs your project may require. Although the property did sustain wind and hurricane damage during Hurricane Ian, it can be repaired and used as a rental property. At the same time, you work on putting together the larger project if you so choose.
| Price History | |
|---|---|
| 3/14/2024 | Listed $2,000,000 |
| 4/4/2024 | 5% - $1,900,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | Other |
| Possession | Close Of Escrow |
| Roof | Built-Up,Flat |
| Exterior Features | Privacy Wall |
| Architectural Style | Two Story |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | Yes |
| Year Built | 1975 |
| Tenant Pays | Electricity |
| Stories | 2 |
| Levels | Two |
| Unit Number | A-E |
| Property SubType | Quadruplex |
| Tax Year | 2022 |
| Waterfront Features | Lake |
| Community Features | Gated |
| County | Lee |
| Net Operating Income | 10000 |
| Operating Expense | 10000 |
| Property Type | Residential Income |
| Association Amenities | Beach Rights |
| Subdivision Name | SAN CARLOS ON THE GULF |
| Status | Active |
| City | FORT MYERS BEACH |
| Buyer Agent Compensation | 2.5% |
| Zoning Description | IL |
| Total Units | 2 |
| MLS Area | FB06 - San Carlos Island |
| Waterfront Y/N | Yes |
| Street Name | Buttonwood |
| Tax Annual Amount | 5211.93 |
| Property Condition | Resale |
| Days on Market | 21 |
| Structure Type | Quadruplex |
| Standard Status | Active |
| Property Sub Type Additional | Quadruplex |
| PostalCity | FORT MYERS BEACH |
| Legal Description | SAN CARLOS ON THE GULF BLK 10 PB 4 PG 6 LOT 12 |
Interior Features
| Flooring | Other |
|---|---|
| Window Features | Other |
| Full Baths | 5 |
| Street Suffix | Drive |
| Total Bedrooms | 6 |
| Total Baths | 5 |
Exterior Features
| Lot Features | Rectangular Lot |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.225 |
| Canal Width | None |
| Number of Buildings | 1 |
| Building Area Total | 10000 |
| Lot Dimensions | 71 x 140 x 71 x 140 |
| Lot Size Acres | 0.225 |
| Lot Size Units | Acres |
| Lot Size Source | Appraiser |
| Road Responsibility | Public Maintained Road |
| LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 33931
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 5:39 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
